Did you miss out on Larry Blain's talk on PPP and the Optimum Size of Government?
Larry Blain on Public Private Partnerships and the Optimum Size of Government
The 4th of September the canadian PhD in economy, consultant, corporate director and expert on PPP visited the PP Platform to discuss the development of PPP.
Throughout his presentation great attention were focused on the arguments and concerns toward risk balance and economic benefits in PPP. Blain argued that you will have problems if you take all the risk yourself. The cost of raising money as government is not the same as the investment return you actually should require when you invest in a project.
The public doesn’t have a clue about Public-Private partnerships, they care about the projects. People don’t understand about PPP, they want the government to be their employer. This can be a barrier.
Did you miss out on the seminar - please watch it at CBS cast, by searching Larry Blain, here.
Today Larry Blain is a consultant and corporate director. His current board positions include Chair of the Partnerships BC Board of Directors; Director of the Transportation Investment Corporation; Director of the UBC Investment Management Trust; Chair of Powerex; and Member of the UBC Dean of Arts Advisory Council.
Previously, Mr. Blain served as Partnerships BC's President and CEO. Under Mr. Blain's leadership, Partnerships BC participated in more than 35 partnership projects with an investment value of $12 billion, $4.5 billion of which is private capital.Before joining Partnerships BC, Mr. Blain was an investment banker with Pemberton Securities, which became RBC Capital Markets. Over a 20 year period, he was responsible for senior coverage of major corporations and governments in western Canada, with specialization in public finance, utilities and infrastructure finance.
Mr. Blain has also worked as economist with the Bank of Canada and Director of Central Borrowing with the B.C. Ministry of Finance. Mr. Blain holds a Ph.D. (Economics) from the University of British Columbia.Larry will serve on BC Hydro's Board until December 31, 2013.